1. Who is the primary audience for a hospital’s financial statement? Or physician practice’s financial statement?
2. Are there ways that Ben & Jerry’s could have simultaneously pursued their social causes and still maximized shareholder wealth?
3. Ben & Jerry’s ultimately accepted a tender offer by Unilever at $43.60 per share. What do you think would have happened if Ben & Jerry’s had not been taken over?
4. What was the nature of the agency conflict for Ben & Jerry’s? How were the firm’s managers able to defend themselves from shareholder control?